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ECONOMICS COMMENTARY Jan 02, 2014

World's factories end 2013 on a high note

Global manufacturing ended 2013 on a high note, with growth of both output and employment picking up further momentum in December. The JPMorgan Global Manufacturing PMI", produced by Markit, edged higher to a 32-month high in December. The headline index was 53.3, up from 53.1, and the highest since April 2011.

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